The Uppsala model of internationalization is a theory that seeks to explain how firms expand internationally. It identifies four stages of internationalization: exporting, licensing, subsidiary creation, and multinational enterprise (MNE) formation.
Iberdrola has followed the Uppsala model in its expansion internationally. It began by exporting its products and services, then moved on to licensing its technology and know-how to foreign companies, and most recently set up subsidiaries in new markets. Iberdrola has also formed MNEs, such as Iberdrola Renovables, which operate in multiple countries. By following the Uppsala model, Iberdrola has been able to grow steadily and effectively into new markets around the world.
Iberdrola has followed the Uppsala model in its expansion internationally. It began by exporting its products and services, then moved on to licensing its technology and know-how to foreign companies, and most recently set up subsidiaries in new markets. Iberdrola has also formed MNEs, such as Iberdrola Renovables, which operate in multiple countries. By following the Uppsala model, Iberdrola has been able to grow steadily and effectively into new markets around the world.
Iberdrola has followed the Uppsala model in its expansion internationally. It began by exporting its products and services, then moved on to licensing its technology and know-how to foreign companies, and most recently set up subsidiaries in new markets. Iberdrola has also formed MNEs, such as Iberdrola Renovables, which operate in multiple countries. By following the Uppsala model, Iberdrola has been able to grow steadily and effectively into new markets around the world.
Iberdrola has followed the Uppsala model in its expansion internationally. It began by exporting its products and services, then moved on to licensing its technology and know-how to foreign companies, and most recently set up subsidiaries in new markets. Iberdrola has also formed MNEs, such as Iberdrola Renovables, which operate in multiple countries. By following the Uppsala model, Iberdrola has been able to grow steadily and effectively into new markets around the world.